The title is misleading because the book caters to most banks' analyses. The book is great for a novice. The case studies on the S&L crisis and Hamilton Bancorp are quite fine.
Key takeaways: management has immense discretion in creating financials for their banks The odds are that one will never earn stupendous returns Nature of banking activity offers many clues as to how the bank ought to perform. By its very nature, banks are difficult to manage - and the best risk controllers are usually the best banks. Very similar to insurance companies.
I wonder why this piece of work is only rated 3.95 star. How many of you actually are value investors? If you are a serious investor this is a bible to thrift investing. I could not recommend more to anyone who want to self educate about the banking industry.